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For the Following Demand Equation, Express the Total Revenue R q=2p+1600q = - 2 p + 1600

Question 60

Multiple Choice

For the following demand equation, express the total revenue R as a function of the price p per item. q=2p+1600q = - 2 p + 1600


A) R=2p2+1600pR = - 2 p ^ { 2 } + 1600 p
B) R=2p2+1600R = - 2 p ^ { 2 } + 1600
C) R=1598pR = 1598 p
D) R=2+1600pR = - 2 + \frac { 1600 } { p }
E) R=2p2R = - 2 p ^ { 2 }

Correct Answer:

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